Tesla

Elon Musk reveals another Tesla “Full Self-Driving” price increase

Tesla may be credited for turning the automotive industry on its head and pushing forward battery-powered cars and power solutions, but that might not be what it’s remembered for. Company CEO Elon Musk has long been promising a future of fully autonomous cars, but its Full Self-Driving (FSD) feature, despite the name, barely makes the grade. The capability has been one of Tesla’s most controversial features, and the controversy just keeps coming with this latest pre-announcement from Musk.

Image: Tesla

Tesla cars have two features with names that spark the imagination and, at the same time, engender some confusion. Autopilot, a standard feature on all its models, offers basic driver assistance like automatic emergency braking, while the optional Full Self-Driving package adds more on top, including automatic lane changing and “smart summon.” The two names have been criticized as misleading, as drivers presume they can keep their hands off the

Read More

Why There Won’t Be Another Success Story Like Tesla in the Automotive Industry

Electric-vehicle company Tesla (NASDAQ:TSLA) has been an incredible investment, up a staggering 16,000% over the past 10 years. With returns like these, investors are understandably leaving no rock unturned in the EV space, hoping to find the next Tesla before it hits it big.

Investors might be looking in the wrong place. In this video clip from Motley Fool “Backstage Pass,” recorded on Sept. 16, Fool contributor Jason Hall explains to investors why the next disruptive upstart probably won’t come from the automative space

Jason Hall: But for me, I do think that this is going to be a tough space because I think in a way, Tesla has been like the best and worst thing for investors. It has been the best thing for investors that invested in Tesla and held. I think Tesla has a good chance to continue to be a great investment because this

Read More

EVs Will Rule the World By 2040. Tesla Stock Isn’t the Only Winner.

Text size

Piper is predicting the EV takeover of the global automotive industry will be complete in 19 years.


Ben Stansall/AFP via Getty Images

A lot of electric vehicles are going to be sold in the coming generation. That’s good news for

Tesla.

It’s also good news for a host of other auto makers, including some start-ups. It’s bad news, surprisingly, for

NIO

and its Chinese EV peers.

Tuesday, Piper Sandler analyst Alexander Potter published a very detailed forecast for EV sales stretching all the way out to 2040. He forecasts sales and market share for essentially every major auto maker globally.

“We have spent the past few months assembling a brand-by-brand, region-by-region forecast for battery electric vehicle (BEV) sales,” writes the analyst. Looking ahead, he forecasts EV penetration at 45% of new car sales by 2030 and 94% by 2040.

Potter is predicting the EV takeover of the

Read More

Lobbyists urge updates to federal car safety rules after Tesla crashes

Two major lobbying groups for the U.S. automotive industry are urging updates to federal vehicle safety regulations in the wake of high-profile crashes involving Tesla vehicles.

During a Senate subcommittee hearing Tuesday, executives with the Alliance for Automotive Innovation and Motor & Equipment Manufacturers Association said the U.S. needs better standards and protocols to address automated driving systems like those sold by Tesla under the brand names Autopilot and Full Self-Driving.

Tesla has drawn criticism for its design, testing and marketing of these systems, including failure to prevent drivers from abusing or over-estimating the capabilities of Autopilot and FSD.

Questions are swirling about whether Autopilot or FSD were to blame in any way in recent Tesla crashes the National Transportation Safety Board and National Highway Traffic Safety Administration are now investigating. The NHTSA has opened around 28 investigations into Tesla vehicle crashes to date, and about 24 of these are

Read More